147 Wappoo Trace Ln Summerville, SC 29486
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About this home
***Upgrades Galore*** ***Minutes to Schools******Chef Inspired Kitchen*** ***Top-Notch Amenities***Welcome to luxurious living at 147 Wappoo Trace Ln. This 3 bedroom, 2.5 bathroom, 2283 sq. ft. home is spacious, bright, and has too many upgrades to count (see attached upgrades list in the documents section). Pride of ownership shines throughout, with tasteful touches and elegant additions at every turn.As the front door swings open, you're immediately greeted by a custom Closets by Design foyer, and sweeping LVP floors leading you to the open-concept great room. A tasteful half-bath adorns the foyer, offering several feet of privacy space away from the great room.The sprawling great room (featuring whisper-quiet DC ceiling fans and a gas fireplace) is the perfectplace for entertaining. Overlooking the living room, you'll find a sparkling white kitchen with chef-inspired upgrades, like the 5-burner gas range top, dual wall-mounted ovens, high-powered disposal, dedicated coffee nook/prep area, and 42" custom birch cabinetry. If dining in the brightly lit dining area doesn't suit you, just take a few steps outside to the back patio to find not one, but TWO spacious options for lounging through all four seasons. If the fully-enclosed screened in porch isn't enough, then the sprawling full-width patio is sure to please. To top it all off, the owners have installed a SunPro motorized retractable awning with a 10 year Sunbrella UV and mold resistant fabric, equipped with a remote, an automatic close wind sensor, and dimmable LED lights to keep you cool and shady all year round. As if there weren't enough space downstairs, the whole upstairs ensemble will 'wow' you to your core. An additional, functional living room forms the center of the 2nd floor retreat, and unites the massive primary bedroom (complete with a spa-like en-suite bathroom with raised-height counters and cultured marble sinks), the two guest bedrooms, and the full hallway bathroom for a true dual-level living experience. Tasteful upgrades, functional layout, and prime comfort living aside, this gorgeous home is tucked away in the top rated Jasmine Point subdivision of Cane Bay. You'll have coveted access to the expansive 300-acre lake system and its electric boat/kayak/paddleboard launch, access to the owner's park surrounding the lake system - including fishing pits, trails, and a pavilion - and an all-access pass to the resort-style pool nearby. Entry/exit to this quiet, golf-cartable neighborhood is a breeze thanks to the nearby roundabout, providing quick access to miles of walking, biking, and nature trails, Cane Bay Plantation shopping center, and the neighborhood YMCA complex (and it's included Berkeley County Public Library for the kids!) As if all of these amenities still weren't enough, you'll find interstate access, and the shopping and dining of Nexton and historic Downtown Summerville only a few short minutes away, This home truly is a gem from top to bottom, inside and out. Schedule your showing, and let yourself be smitten with all this home has to offer!
Source: CTAR #25029129
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FAQs
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.